Comparison between Destiny Logistics IPO and Jainam Ferro Alloys IPO.
Destiny Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jainam Ferro Alloys IPO is a SME Fixed Price proposed to list at NSE SME.
| Destiny Logistics IPO | Jainam Ferro Alloys IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Hem Securities Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Destiny Logistics IPO is up to ₹5.11 Cr whereas the issue size of the Jainam Ferro Alloys IPO is up to ₹18.56 Cr. The final issue price of Destiny Logistics IPO is ₹20.00 per share and of Jainam Ferro Alloys IPO is ₹70.00 per share.
| Destiny Logistics IPO | Jainam Ferro Alloys IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 25,56,000 shares | 11,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.11 Cr | up to ₹8.06 Cr |
| OFS Issue Size | 0 shares | 15,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹10.50 Cr |
| Issue Size Total | 25,56,000 shares | 26,52,000 shares |
| Issue Size Total (Amount) | up to ₹5.11 Cr | up to ₹18.56 Cr |
Destiny Logistics IPO opens on Sep 30, 2021, while Jainam Ferro Alloys IPO opens on Sep 28, 2021. The closing date of Destiny Logistics IPO and Jainam Ferro Alloys IPO is Oct 05, 2021, and Sep 30, 2021, respectively.
| Destiny Logistics IPO | Jainam Ferro Alloys IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2021 | Sep 28, 2021 |
| Issue Close | Oct 05, 2021 | Sep 30, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | Oct 05, 2021 |
| Initiation of Refunds (Tentative) | Oct 11, 2021 | Oct 06, 2021 |
| Credit of Share (Tentative) | Oct 12, 2021 | Oct 07, 2021 |
| Listing date (Tentative) | Oct 13, 2021 | Oct 08, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Destiny Logistics IPO P/E ratio is , as compared to Jainam Ferro Alloys IPO P/E ratio of .
| Destiny Logistics IPO | Jainam Ferro Alloys IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.72 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 64.79 | 73.47 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹15.39 Cr. | ₹73.93 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Destiny Logistics IPO Retail Individual Investors (RII) are offered 12,78,000 shares while in Jainam Ferro Alloys IPO retail investors are offered 12,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Destiny Logistics IPO and in Jainam Ferro Alloys IPO.
| Destiny Logistics IPO | Jainam Ferro Alloys IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,38,000 shares | 1,50,000 shares |
| QIB | ||
| NII | 12,78,000 shares | 13,26,000 shares |
| RII | 12,78,000 shares | 13,26,000 shares |
| Employee | ||
| Others | ||
| Total | 25,56,000 shares | 26,52,000 shares |
Destiny Logistics IPO subscribed 4.78x in total, whereas Jainam Ferro Alloys IPO subscribed 6.65x.
| Destiny Logistics IPO | Jainam Ferro Alloys IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.13x | 6.23x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.43x | 7.07x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.78x | 6.65x |
